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Lati is a 38-year-old woman living with her mother and her son, age 16. Four years ago her husband passed away in an accident. Since then she has been managing her family. She was doing labor work after her husband died. Then she started an incense stick business. She purchases the incense sticks, incense stick cover boxes and incense stick cover polythene from the wholesaler and packages all the incense sticks in the cover boxes and sells these in the market. She earns 3,000 to 3,500 Indian rupees (INR) per month from this business.

To get the raw materials, Lati goes 50 to 100 kilometers far from her house. As a woman, it is very difficult to go very frequently, and it increases the expenses of her business. She wants to purchase the raw materials in bulk so that she can reduce her costs and she will not need to go to the market very frequently for the raw materials.

Lati has requested a loan of 25,000 INR to purchase the raw materials (incense sticks, cover boxes and cover polythene) for her business. She has a dream of making admission for a good college and providing better education so that her son can work in a multinational company.

Additional Information

Important note about this loan

Due to Indian government regulations, if you fund this loan, you will not be repaid for at least 3 years. This borrower will likely repay your loan much sooner than that, in which case, the Field Partner may re-loan your funds to help other local borrowers. We want you to be aware of this minimum 3-year waiting period and the associated risks before making a loan to Indian borrowers on Kiva. Learn More >

About People's Forum

People’s Forum is a development organization based in Odisha, India that provides affordable loan products and support services to women. The organization distinguishes itself by reaching out to particularly marginalized groups, including leprosy-affected families, widows, single mothers, and disabled persons. People’s Forum will harness Kiva’s flexible, zero-interest capital to serve even more borrowers in one of the poorest regions of India.

About India

  • $4,000
    Average annual income
  • 25
    View loans »
    India Loans Fundraising
  • $5,655,475
    Funds lent in using Kiva
  • 55.7
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $450 helped Lati to pay for purchasing incense sticks, incense sticks cover boxes, and incense stick cover polythene for her incense stick business.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Aug 31, 2012
Sep 9, 2012
Currency Exchange Loss: